norsburn
Short

SPY short off Doha flop

AMEX:SPY   SPDR S&P 500
spy
We all know, or should know, that the run up in the markets have been in response to major oil             producers flaunting the idea of a production freeze. Well Doha has come and gone and NO DEAL was made. As you can see from this chart the 2 trending green lines from the left to right have a zone I was looking for the SPY             to pull into, it did last week and with the news the future currently have the SPY             below 206.5 (converted the SPX             to SPY             ). My target is 198 but would exit everything if it hit 200 by 4/20.
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